Benzinga's Top Downgrades
Analysts at Jefferies downgraded Rackspace Hosting Inc (NYSE: RAX) from “buy” to “hold.” RAX's shares closed at $47.02 yesterday. Rackspace Hosting's trailing-twelve-month profit margin is 7.82%.
FBR Capital downgraded Symantec Corporation (NASDAQ: SYMC) from “outperform” to “market perform.” SYMC's shares closed at $14.56 yesterday. Symantec's trailing-twelve-month ROA is 5.54%.
Citigroup downgraded Nationstar Mortgage Holdings Inc (NYSE: NSM) from “buy” to “neutral.” NSM's shares closed at $19.80 yesterday. Nationstar Mortgage's trailing-twelve-month operating margin is 9.10%.
Analysts at Raymond James downgraded Quest Diagnostics Inc (NYSE: DGX) from “outperform” to “underperform.” DGX's shares closed at $54.67 yesterday. Quest Diagnostics' trailing-twelve-month ROA is 9.00%.
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